Wednesday, May 3, 2017

The apparent lack of USD momentum is providing opportunities for the Asians ex-Japan to stre





FX Asia Fortnightly
by Saktiandi Supaat


FX Research





The apparent lack of USD momentum is providing opportunities for the Asians ex-Japan to strengthen after being in range-bound trades recently. The rise in the ADXY (Asia dollar) index is reflecting this after hovering around the 105.45 levels for the past few sessions. As for the USDJPY, it continues to climb higher back above the 112-handle after the yield differentials between the UST and JGB widened with the rise in the 10Y UST above 2.33% levels and the 10Y JGB at 0.021% ...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts with Thumbnails